Belton, Inc. had the following transactions in 2024, its first year of operations:

Issued

32,000

shares of common stock. Stock has par value of

$1.00

per share and was issued at

$27.00

per share.

Earned net income of

$77,000.

Paid no dividends.At the end of 2024, what is the total amount of

paidin

capital?

A.

$941,000

B.

$864,000

C.

$77,000

D.32,000